Indianapolis Times, Indianapolis, Marion County, 19 December 1946 — Page 8

Ved

His Advisers Answer

(Continued From Page One)

sistent round of strikes. Another “if” was whether the internation-

verging on war.” Industry comment on the report was favorable, Walter B. Weisenburger, executive vice president of the National Association of Manufacturers, sald the report indicated government advisers were going to show practical common sense as economic guide posts, Ralph Blandford, general manager of the U. 8S. Chamber of Commerce, also lauded the report o for “recognizing that the elements for lasting and widespread prosperity” lie within the free enterprise system itself “without the need for pump priming by the government.” The three economists comprising the council referred to “certain conditions that might make for a dip in 1947." Even after a year and a half of peace, the council said, the nation stands in a situation of “misunders standing and tension among the indispensable parties to our total economic life.” Good Times Possible Under these circumstances, mishandling of economic affairs could cause 8 minor recession next year, the council said. But if things are handled properly, it felt that a long period of good times will surely result. In its first report to Mr. Truman, the three-man council said the production capacity of the American industrial machine, consumer demands and purchasing power “present the possibility, for a people who know how to use them, of great prosperity in 1947." ~The economist on the council also viewed the outléok for production and jobs as “more than ordinarily favorable for a period of some years ahead.” They saw no reason for a deep or prolonged depression — “barring international tension verging on war or a persistent round of strikes.” The council said new legislation will not provide a cure-all for next year’s economic problems. “The impediments to prosperity in the near future are of the sort that must be worked out, without benefit of direct government intervention, through the practical wisdom of management and labor, farmers and financiers,” the report said. “We believe that the outlook for production and jobs in 1047 lies primarily in whether the responsible

Query With ‘Maybe’

al situation would reach a “tension|

Recession? |Clothe-A-Child Donors.

25.00 25.00

| Lions Club of Indianapolis. {In Memory of E. A. W. ....

Cadle Tabernacle Bible RARE. iva scicais nts vi vans 18.52 Departments No. 600 and

2600, Link-Belt Night

BOHE ens Caen 13.25 Bridge Department, State Highway .............v00 12.50 Sunnyside Guild ........... 10.00 Herbert M. Woollen . .... . 10.00 In Memorium, H. W. G, ... 10.00

In Memory of M. A. K. .... 10.00

J. 0. C. Class, First Baptist

+ Church .......... iva 10.00 Margaret E. Prine, Box 44, Mays, Indiana ..... ...... 10.00

Hoosier Owl Club No. 1 . 10.00 Members of Queen Esther

Chapter No. 3, Order of

the Eastern Star ... 8.00 Mrs. W. D. Boyd .......... 5.00 DOrotRY '......... a nniscina 5.00 Nancy and Glenn Ralston . 5.00 Bethel No. 1, Order of Jobs BAughter ......cccovae con 5.00 Mrs. Rilla M. Foltz . ...... 5.00 Jom A, BOR .o.....coonnnns 5.00 Anonymous .. Fish ain dning 5.00 Edgewood Campfire Girls .. 500 Foo Bivisininniinn . 5.00 In Memory, Nancy Rawlings 5.00 Mrs. Ge Mh ........00000000 3.00 Dick, Donn & Susan ...... 3.00 Ye Old Tyme Cinch Club .. 2.00

y Fen, Jane & Cynthia ...... 2.00 Today's Donors ‘Department No. 29, Night Previous Balance . . ...... $4,305.39) Shift, Link-Belt Co. ..... 1.55 Stand Owners of City mind Me. YY VANE ian assssne 1.00 Market... ............. 79.00 Kay, Jimmie, Ronnie and Tri-State Construction Co.. 30.00) Diane ................... 1.00 Casing Department 10, Link- GT Ke cviiiianansaneres REG 1 Belt Company ...... 46.80 ! Boarding Department, Real Today's Total ..,......$ 470.62 Silk Hosiery Mills ...... 33.00 y ; Ee, In Memory of Sgt. Russell Total To Date ..... ...$4,776.01 L. Roberts, Mrs. H. M. Shewalter ...... 25.00

| Direct Donors

| Jaycees ................ 4 Children| Department 2200, Second Shift, Stevenson and Frodge 2100, Link-Belt 4 Children Employees of Allied Printing Service 3 Children John W. Hedges 3 Children Hoffman Specialty Co. and Employees 3 Children P. R. Mallory Millwright Department, Plant 1 .. 3 Children Vonnegut Hardware Company Recreation Committee . 3 Children Plant 10, Allison division of General Motors Corporation American Veterans Com-

2 Children

mittee, Butler Univ, .. 2 Children Dept. 18, Link-Belt ..... 2 Children ‘Alliance of Universalist Women . ra 1 Child | Mr. and Mrs. Robert bimulten . 1 Child] Mr. and Mrs. M. D. CumMANE, ii

1 Child International Harvester, Depts. 16 and 30, Second Shift . . 1 Child Naval Officers Parents Club 1 Child

Mr. and Mrs. James Pittard... 1 Child! ANONYMOUR ,.....: ...iv... 1 Child

Hopes Mount For Labor Peace

(Continued From Page One)

been extremely conciliatory in his public appeals to the auto corporations to negotiate the 1647 contracts on a friendly basis, . Negotiate Wage Increases The big corporations, on the other hand, while protesting vigorously against the premises and the computations of such documents as the C. I. O.'s Nathan report—which con-

door against wage adjustments. Recognizing the accelerated rise in the cost of living in recent months, corporations with good profit positions are right now negotiating wage increases with their organized employees all “over the country. Such wage increases that may be awarded in the great basic indus-

persons . . . will show a willingness to face the issues and demands of a free enterprise system realistically and show ingelligence and skill or flexible experimentation in arriving at workable formulas of adjustment,” the report said. Want No Obstinacy The council called on leaders of management and labor to show statesmanship—and not obstinacy— in adjusting their differences. “In spite of certain conditions that might make for a dip in 1947," the report continued, “we believe that courageous and sensible action by those responsible for the administration of private bfisiness relations (including labof unions) can at least hold such a recession to moderate proportions, if not avert it.

broad basic conditions suggest that it will be easy to have some years of high production, employment

and purchasing power. . . President Truman made the re-

of 1946—the so-called full employ-

G. Nourse, Keyersling, John D. Clark.

cial.

oil company executive.

More NEW

tries involved in forthcoming negotiations with the C. I. O. unions actually will be part of a trend, not the beginning of it. Organized industry and labor

around the bargaining table. This piety has been exhibited in an attempt to dissuade the 80th congress from going berserk in its legislative program. ; Whether that determination to live at peace survives the forthcoming wage negotiations remains to be seen. But there is plenty of confidence about the matter in Washington. The President's council of economic advisers, in their first report under the provisions of the 1946 ‘employment act, emphasize the neglected truism that the free en-

“Thereafter, it would seem that terprise system will not work unless he enacted into law

the parties that make {operate to make it work. Their report is a masterpiece of the “on the other hand” school of (economic philosophy.

it up co:

port public at a news conference.| It declares that the outlook for | He appointed the council last | jobs and production in 1947 depends August under the employment act upon the willingness of all groups

lin society

CHARLESTON, 8. C,, Dec. 19 (U

(held.

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Fort Wayne Peru Muncie

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have both shown a desire to sign the pledge and settle their affairs

“to face the issues and|petween ment act. The members are Edwin |demands of a free enterprise syschairman; Leon H.|tem realistically—and show intellivice chairman, and gence and skill or flexible experi- yabor Board, and stirred wide {mentation in arriving at workable terest. Mr, Nourse is a 63-year-old for- formulas ol adjustment.” mer director of economics for the Copyright. 1946. by The Indianapolis Ti Brookings institution, an authority hh especially in agricultural economics. CRASH BOAT CATCHES FIRE Mr. Keyserling is a 38-year-old | lawyer and government housing offi- |p) —A navy crash boat caught fire is strife now. {opposite the naval air station here been Mr. Clark, 62, is former dean of last night. business administration at the Uni- missing and two others were sli versity of Nebraska and a one-time burned,

Draft Indiana Labor Peace Plan

(Continged From Page One)

Lewis before the state proposal reached a showdown. Haste to get the plan into operation was explained by reports that Governor Gates hopes to provide proof that labor and management, given the opportunity, can work out {their own problems. It is under-

| |

tends that industry can stand a 21 (stood the governor is apprehensive gerous per cent bite without feeling any!of possible ill-advised labor legisla- | capital invested in our soil,” the pain—have not actually closed the | tion either in the legislature or. in ministry announcement said. {

{congress and that he hopes, by the Indiana plan, to forestall such action, First step in setting the plan in! motion is expected to be the gen-| eral conference. It will be held to a small number of conferees, probably not more than 35, At the conference, Governor Gates is. expected to set forth the | {broad fundamentals of the plan: Follow Up Conference Tentative plans call for following up the large general conference with smaller working sessions in which public officials will seex C. 1. O,, A. F. of L., management, and piblisher views. From these small conferences, it is hoped, will emerge certain details on which all parties can agree for a start, i These points of agreement then | will be used as a nucleus around | which to build the entire Indiana Plan point-by-point. Although it appeared doubtful final draft of the plan could emerge {before the legislature is several {weeks under way, state officials ex!pressed hope it could be compieted in time to demonstrate its practicability to. legislators. It will not they assured, but might well serve to prevent. introduction of proposals which would upset the already relatively stable labor-management feeling in Indiana, It was learned that work on the

That plan was advanced by Basil Manley, former head of the War |

| The Indiana plan, however, is

mes and The Chicago Dally, News, Inc. expected to steer entirely clear of

{any hint of “truce.” | “The word truce,”

the plan point out,

sponsors of “implies there Actually there has

very little labor trouble in

One man was reported Indiana and this plan is being" adghtly | vanced more in the nature of inThei p g ith se i r names were with [surance and to set a national e

) © {ample than to solve any serious sit{uation existing In the state.”

[today was definitely declared to be

\plan began shortly after The Times | heart attack. {carried a plan for one year's truce | Slightly over two weeks ago with | labor and management, | ner three children from their Kan-

————— in- | *\pon LOST RUSS SHIP

- ¢

Third Generation Midget Appears

AUSTIN, Tex. Dec. 19 (U. P).— Nancy Gayle Swensen, the tiny little girl born here last June 14,

a midget—first known midget to be born in the third generation. - Midget _ parents, Mr. and Mrs. August Swensen, and the maternal midget grandparents, Mr. and Mrs. John E, Clifton, were delighted at the announcement. “It may mean the beginning of a midget race,” sald Grandpa Clifton, swelling with pride to his full 52 inches of height. When Nancy Gayle was born, doctors said they could not tell immediately if she would be a midget or grow to the size of ordinary humans. . At birth she weighed six pounds and 13 ounces. Today she weighs 12 pounds. . An ordinary child at her age should have gained to 20 pounds, Dr. Audie L. Nanney, who attended at her birth, said. . A pattern for a 20-inch doll is being used for Nancy Gayle's first Christmas dress. Nancy Gayle's mother is 49 inches tall. Her father, August Clarence Swensen, is 52 inches tall—just the size of Grandfather Clifton, Mrs. ! Clifton is 47 inches tall. Mr. Swensen’s parents are normal sized.

Venezuela Bars

THE INDIANAPOLIS TIMES _-

VFW Chief Critical Of Housing Program

WASHINGTON, Dec, 19 (U.P.).~ The Veterans of Foreign Wars charged today. that. the adhinistration’s housing program was no longer for veterans. : V. F. W. Commander - in - Chief

Louis E, Starr sald some features of President Truman's new decon-

trolled housing plan were sound. More homes wil lbe built, he pre-

dicted, but most” buyers won't be|

ex-servicemen, @ « Veterans will benefit only from increased vacancies in less expensive and less desirable units, Mr. Starr asserted. Most ex-G. Is, he

sald, cannot pay more than $50 a month for shelter,

Times Correspondent

zuela “ds a country in which it is

not possible for the foreign ele-| ment to exist.” a Ministry -officials complained | particularly of one dispatch con- | cerning an alleged letter which 50 Americans living in Venezuela had) sent to the U. S. state department.

{ The reported letter denounced the

“supposed increase of Communist | activities in Venezuela, with dan-| implications for foreign

Robhery Suspect Fails to Appear

A 58-year-old man, out on a $1000 bond in connection with the $7000 cash and jewel robbery of Mrs. | Maria Rapia, Friday, failed to ap-| pear in municipal court this morn- | ing. | | The man, Clifton Ward Bowers, | was picked up in the 800 block on Ft. Wayne ave. Saturday and held | {under $2500 bond pending investigation. Arraigned on vagrancy charges two days ago, detectives told Judge John Niblack that the man claimed “he knew nothing! about the robbery, but if he was free he could locate the jewelry.” Police recommended the bond be | reduced to $1000 and the case con-| tinued until today. Judge Niblack | complied. In court this morning, detectives! explained the man's absence with!

“he must have gotten his dates! mixed up.” Judge Niblack continued the case until Dec. 26.

Dies in Japan YOKOHAMA, Dec. 19 (U. Poy |

' Mrs, - Margaret Diller, wife of Lt.

Col. J. C. Diller, Kanagawa military government official, died today of a | Mrs, Diller arrived |

sas City home. |

TOKYO, Dec. 19 (U. P.), — The | vetka, lost since Dec. 13, was reported to have run aground at Senamj; northern Japan. Her crew members are safely accommodated

In a Japanese hotel, i

| FORMER BANKER DEAD GREENWICH, Conn., Dec. 19 (U. | P.)—Dr. Clark Williams, 76, for- | mer New York state superintendent {of banks and state controller, died lat his home yesterday.

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